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Mice21 [21]
3 years ago
12

Ben and Chris combined their love of football with a business venture. They purchased a small portable cart and began selling fo

otball memorabilia outside of the hometown stadium. Their first year went well, but the past two years have been a real struggle. Due to poor economic conditions including loss of jobs, ticket sales at the stadium are down, which has significantly hurt their sales as well. As a recent business school graduate, you explain to Ben and Chris that: A.this type of business is always high risk because it is seasonal B. this business does not fill a sufficient need for most people C. environmental circumstances are dynamic and tough to control D. social enterpreneurs are currently getting most of the attention
Business
1 answer:
wolverine [178]3 years ago
4 0

Answer: Option C

Explanation: Environmental circumstances refers to the threats and opportunities that arise from political and economical unstability. These are highly fluctuating factors and can affect the business highly.

In the given case, the business of Ben and Chris slowed down due to the economic breakdown in the country. These factors are inescapable and affect all the businesses in the economy.

Thus, from the above we can conclude that the correct option is C.

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Sunset Foods relies on a highly centralized functional structure to ensure consistency in the quality and taste of its products
Rzqust [24]

Answer:

a. By establishing cross-functional teams.

Explanation:

Cross functional teams are the ones in which there are people from different departments. In this people from different departments works on the same common goal as set by the management to be achieved by the organization.

As the company has been working in the centralized functional structure, that means all the major decisions were taken by the executive management personnel, and accordingly the company can even in the establishment of cross functional team, can make this possible.

As all together each department will be working on this, and at the same time the management can keep access to the controls.

3 0
3 years ago
The market supply of cigarettes is shown in the table below.
mr_godi [17]

The answer & explanation for this question is given in the attachment below.

4 0
3 years ago
Riverbed Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures wer
dalvyx [7]

Answer:

9.61%

Explanation:

Computation for the weighted-average interest rate

Using this formula

Weighted-average interest rate=Total Interest amount /Total Principal amount

Particular Principal Interest

9%, 5-year note payable $2,088,000 $187,920

10%, 4-year note payable $3,308,700 $330,870

Total $5,396,700 $518,790

Total Principal amount =$5,396,700

Total Interest amount =$518,790

Let plug in the formula

Weighted-average interest rate=$518,790/$5,396,700

Weighted-average interest rate=0.0961*100

Weighted-average interest rate=9.61%

Therefore Weighted-average interest rate is 9.61%

8 0
4 years ago
Michael, a systems analyst, is preparing a closed wiki site for Northstate Bank. He has written permission from eight other comp
AysviL [449]

Answer:

The correct answer is Formal Benchmarking.

Explanation:

The English term "benchmark" comes from the words "bench" (bench, table) and "mark" (brand, sign). In the original meaning of English, the word compound could however be translated as a measure of quality. In other words, benchmarking is a way to determine how well a company performs, compared to others.

In order to be more competitive at present, it is necessary to use benchmarking since it provides strategies that allow identifying the best keys to the company's success, so that by implementing them the organization can be a leading and competitive company in a changing market and global in which business organizations currently have to see each other.

The majority of authors relate benchmarking with competitiveness and business improvement, being "the company" its natural scope. However, the potential benefits of its use make it considered in other areas, such as "public organizations", and at other levels, "sectoral" and "environment" (regional, national and international). This complicates the definition of the concept, since it is a tool that has multiple application possibilities, pursues different objectives in each case, and uses its own methodology in each area.

3 0
3 years ago
Aaron earns a weekly salary of $350 plus 7% commission on sales. last week his sales totaled $3200. what was his total pay?
True [87]
The answer is $224 Hope this helps
6 0
3 years ago
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